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Updated about 8 years ago on . Most recent reply
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**Great Potential Cash Flow in Tulsa, OK**
Two quadplexes for sale. We can sell them individually or as a package. First quad is 3/4 leased and we are expecting to have the fourth leased by the end of the month. Leasing each unit for $625/month with $400 deposit. Includes new tile, carpet, paint, appliances, hvac in two, hot water heater for two, and new ceiling fans in all bedrooms. Selling for $115k
Second quad was in a fire. The exterior has been all re-done with paint, roof, and new windows. Inside has been gutted, needs to be put back together. We estimate between $60-80k but also believe we could collect rents upwards of $700-750 per unit. Selling for $65k.
Both quads are exact same floor plan with three bedrooms and one bath. In a B+ location with a C- neighborhood. Close to everything and city just passed to extend Vision 2025 and one of the aspects is to clean this area up. A brand new Taco Bueno and Popeye's was built as well as a conversion for a gym, so investors are putting money in the area.
Reach out to me for any questions. I don't have financials but do have a very good pro forma with current management and insurance rates. Picture is of exterior of second quad, first is directly across the driveway.